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    Basic Appraisal Procedures

     

    Apply the principles and concepts learned in Basic Appraisal Principles. This four-day course takes you step-by-step through the valuation process: defining the problem, collecting and analyzing data, reaching a final opinion of value, and communicating the appraisal. Learn about the three approaches to reaching an opinion of value—income capitalization, cost, and sales comparison—and apply them in true-to-life case studies and problems. After examining income capitalization methods and formulas, learn how rates and multipliers are derived. Through case studies discover the steps and concepts involved in the cost approach—how appraisers estimate the cost of constructing a reproduction of or replacement for an existing structure; the three major components of depreciation and methods for estimating and allocating depreciation; and land and site valuation. The course will guide you through the sales comparison approach including researching the market, verifying information, selecting units of comparison, conducting a comparative analysis, making adjustments, and reconciliation. Complete key sections of an appraisal report. Finally, the course provides an introduction to property description and construction and design basics.

    Course Offerings
    Sponsor Date Location Format
    Tennessee Chapter June 17-20, 2024 NASHVILLE, TN Classroom View Details Register
    Appraisal Institute On Demand Online View Details Register
    North Star Chapter August 26-29, 2024 St. Cloud, MN Classroom View Details Register
    Appraisal Institute October 1-11, 2024 Synchronous View Details Register
    Hoosier State Chapter October 15-18, 2024 Indianapolis, IN Classroom View Details Register
    Appraisal Institute December 2-12, 2024 Synchronous View Details Register